Goal III: Steward and strengthen the human, physical and financial resources of the college.

Objectives:

1. Ensure that college governance is inspired by and committed to Catholic and Benedictine values.
2. Institutionalize Catholic and Benedictine values in policies and practices.
3. Increase the understanding of the history, tradition, values, principles, and practices of Benedictine culture campus-wide.
4. Retain, recruit and develop employees who will make a positive contribution to the college's Mission and Vision.
5. Ensure appropriate and effective voice for faculty, staff and students in the college's decision-making processes.
6. Develop the college community to respond to a culturally diverse society with insight, sensitivity, and skill.
7. Increase the ethnic and racial diversity of the faculty and staff.
8. Market the college in support of the Mission, Vision, and Strategic Plan.
9. Consistently utilize an agreed upon list of peer, aspirant and competitor colleges for comparison studies, assessments and program reviews.
10. Establish an operating budget that fully funds depreciation and provides for a surplus of 2% of operations.
11. Utilize the college's Campus Master Plan as a guideline for prioritizing facility maintenance and development.
12. Improve the college's bond rating from Baa1 to A.
13. Reduce the college's reliance on tuition revenue.
14. Reduce the discount rate and improve net revenue.
15. Increase the college's endowment.
16. Regularly review all programs and services to ensure that they are effective and efficient.

Indicators of Success: (see indicators in above-stated objectives and partial listing below)

• Increase employee racial and ethnic diversity to 4%
• Increase non-tuition funding by 4% via increases in annual fund, endowment, grants, and new revenue sources
• Decrease overall discount rate by 4% from FY05 level
• Increase overall endowment via fundraising by at least $2.5 million per year